30 results
- 10 Feb 2013
China Dumps Nigeria’s Oil, Heads for Angola
Nigeria has lost its status as Africa’s biggest exporter to Asia, particularly the China to Angola and this is coming as the latest oil and gas outages by oil giants, ExxonMobil and Shell continues…
- 3 Feb 2021
Court Gives EFCC Nod to Arrest Mobil Nigeria MD
Economic and Financial Crimes Commission (EFCC) has been given the permission to arrest Mr Richard Laing, managing director of Mobil Oil Nigeria Plc (11 Plc), after he allegedly failed to honour…
- 15 Jul 2016
ExxonMobil Declares Force Majeure on Nigeria's Qua Iboe Crude Oil
ExxonMobil subsidiary Mobil Producing Nigeria has declared force majeure on exports of Nigeria's Qua Iboe crude oil, the country's largest export stream, a spokesman said on Friday. The declaration…
- 14 Aug 2016
DS-IHUB- Curing Nigeria’s Oil Curse
It is now a cliché when people say Nigeria’s oil is a gift and a curse all rolled up in one. Oil is a curse for Nigeria. It is as powerful as it is counterintuitive. The natural resource has…
- 25 May 2019
Nigeria’s mobile phone penetration hits 87 percent
Statistics released on Friday by Jumia shows that mobile phone penetration in Nigeria grew from 162 million subscribers in 2017 to over 172 million mobile subscribers in 2018, accounting to a…
- 9 Jan 2018
Group Tackles Mobil over $600m Oil Bloc
A non-governmental organisation, the Human and Environmental Development Agenda (HEDA Resource Centre), has requested for clarification on the renewal of some oil mining leases in possession of Mobil…
- 25 Jun 2014
Ericsson Reveals Key Sectors to Drive Nigeria’s Mobile Operations
Ericsson, a world leader in communications technology and services, has revealed the key sectors to drive Nigeria’s mobile operations, particularly, in the next five years. While addressing…
- 26 Aug 2025
Lebara Nigeria, MVNO Oils Machine for Q3 Launch with Personalized Number Reservations
Lebara Nigeria is building excitement for its upcoming Mobile Virtual Network Operator (MVNO) launch, giving customers a chance to secure a personalized piece of their mobile identity. The company…
- 15 Jun 2020
Nigeria Mobile Phone Market Declines as Uncertainty Grows Amid COVID-19
Nigeria's feature phone market suffered a 12.5% quarter-on-quarter (QoQ) decline in shipments in Q1 2020, according to the latest figures from global technology and consulting services firm…
- 20 Dec 2012
Nigeria Needs $110Bn to Boost Oil Production
Nigeria needs some $110 billion to grow its oil production by 50 percent by 2020, less than eight years from now according to a senior official of Mobil Producing Nigeria, a subsidiary of ExxonMobil…
- 26 Jan 2009
Nigeria Mobile Operators and Host communities
Since the emergence of mobile telephone in the 2001, combined subscription is inching close to the 50 million mark and many more yet to sign up. The potentials are still enormous given the fact that…
- 13 Sept 2012
One Network Oils Machine for Mobile Money Service
One Network, an industry-focused organisation, recognised by the Central Bank of Nigeria (CBN) as agent manager, providing agent locations for mobile money operators across the country said it is set…
- 13 Feb 2015
Nigeria to Hit 182m Mobile Subscribers in 4 Years
Pyramid Research forecasts a positive outlook for the telecommunications market in Nigeria, the largest economy in Africa, with the mobile subscriber base growing to 182 million in the coming…
- 23 Sept 2025
Exhibitors Hail FNITCC Atlanta as Catalyst for Nigeria’s Non-Oil Export Expansion
Exhibitors at the recently concluded Fidelity Nigeria International Trade & Creative Connect (FNITCC) in Atlanta, Georgia have lauded the event as a transformative platform for showcasing…
- 7 Aug 2025
Telcos Say Mobile, Internet Services in Nigeria may Collapse
Association of Licensed Telecommunications Operators of Nigeria (ALTON), the umbrella body for all mobile network operators, tower companies, and telecommunications infrastructure providers in…
- 29 Dec 2014
ICT Can Rescue Nigeria from Dwindling Oil Revenue-Report
Information communication technology (ICT) experts have said that ICT investments addressing African market realities will fuel GDP growth in key African countries, as 2014 winds down and…
- 5 Jul 2020
Reps to Grill Banks, Others over $30Bn Forex Racketeering
House of Representatives has summoned 24 banks and 14 oil companies over an alleged forex racketeering leading to an annual loss of over $30bn as revenue. The Joint House of Representatives Committee…
- 22 Nov 2013
Nigeria’s Highest Paid CEOs
Being a successful and influential chief executive officer takes hard work, guts, sacrifice and a more-than-average knowledge of how the business environment works. Many who wish to be successful and…
- 23 Apr 2013
MPN Join Venture Inks Agreement on Qua Ibom Power Project
Mobil Producing Nigeria Unlimited (MPN), operator of the Nigerian National Petroleum Corporation (NNPC) / MPN Joint Venture, has signed a seller’s representative agreement (SRA) for the Qua Iboe…
- 19 Oct 2009
Mobil Producing Award Scholarship Akwa Ibom Indigenes
Mobil Producing Nigeria , operator of the NNPC/MPN Joint Venture has awarded scholarship grants to Akwa Ibom State indigenes as part of the oil major’s decade long commitment developing the…
- 8 Apr 2019
Shell Emerges Nigeria’s Most Impactful Local Content Company
Shell Companies in Nigeria have emerged the International Oil Company with the most impactful Local Content Initiatives in the upstream category at the 2019 edition of the Nigerian Oil and Gas…
- 14 Oct 2017
Telecos Seek Licences To Boost Financial Inclusion
Association of Licensed Telecommunications Operators of Nigeria (ALTON), has said operators have commenced discussion with Central Bank of Nigeria for licences to provide mobile payment services. Mr…
- 30 Aug 2013
Elumelu Invests in Seadrill Mobil in W/African Expansion Scheme
Tony O. Elumelu’s pan-African investment vehicle, Heirs Holdings, has made substantial investment in Seadrill Mobil Units (Nigeria) Limited, an affiliate of one of the world’s leading offshore…
- 4 Aug 2008
Mobil Flags Off $1.3Bn Gas Project
Mobil Producing Nigeria Unlimited (MPN), operator of the NNPC/MPN Joint Venture, has commenced a $1.3-billion project in its East area to provide gas feeds for recovery and production of additional…
- 29 Apr 2022
TotalEnergies to Exit Nigeria’s Onshore Oilfields over Disruptions
TotalEnergies, oil major, has announced plans to sell its minority stake in a Nigerian oil joint venture, joining other top firms divesting from onshore oilfields in the country. Patrick Pouyanne,…
- 6 May 2024
Digital Transformation Can Unlock Nigeria’s Prosperity -NIGCOMSAT Boss
Mrs. Jane Egerton-Idehen, managing director, Nigerian Satellite Communications Limited (NIGCOMSAT), has said that the time has come to unlock Nigeria’s true potential, by embracing digital…
- 17 Nov 2025
Linkage Assurance Mobile app to Deepen Digital Insurance Access in Nigeria
As part of its strategic commitment to enhance customer experience and expand digital access to insurance services, Linkage Assurance Plc has launched its new mobile application, now available for…
- 9 May 2024
Brands Jostle for CVA 2024 as Consumers Vote
Ongoing voting for brands on the Consumers Value Awards portals, consumers expressed brand satisfaction with their votes. Over 40 categories of brands are listed based on consumers' nominations on…
- 28 Jan 2014
Fuel Scarcity Looms as N220Bn Debt Threatens Supply
Major Oil Marketers Association of Nigeria (MOMAN), yesterday, said that the federal government owed her members some N120 billion and that no independent marketer had received subsidy claims…
- 9 Feb 2016
Vodacom Business Partners Etisalat for Enterprise Solutions to Corporates
Vodacom Business Nigeria and Etisalat Nigeria have announced a partnership agreement that enables Vodacom provide mobile voice and data services to its customers and equips Etisalat to provide…